Loeb & Loeb announced today that the firm has assembled a Financial Reform Task Force to monitor certain key issues surrounding approval of the Dodd-Frank Wall Street Reform and Consumer Protection Act that will be relevant to a broad spectrum of firm clients in the financial services industry. The multidisciplinary Task Force is comprised of attorneys across core practice areas focused on analyzing the historic legislation and interpreting the significant business implications for financial institutions and commercial companies nationwide.
“Passage of this reform bill signals a massive shift in U.S banking, capital markets, corporate governance and consumer protection regulation, for which both financial and non-financial companies must prepare,” said David Ansel, co-chair of Loeb & Loeb’s Corporate Department, and the partner leading the Task Force. “Loeb & Loeb has a significant number of financial industry clients and a particular depth of expertise in private equity, public company representation and broker-dealers, three areas impacted by the bill. Our Task Force members are extremely close to this legislation and able to assess the critical implications for our clients.”
Loeb & Loeb’s Task Force draws from multiple, national practice groups including general corporate, private equity, mergers and acquisitions, consumer protection and banking and finance. The attorneys will be tracking various aspects of the bill as the rulemaking process evolves over the next six to 18 months, and the team will educate clients through alerts, webinars and seminars focused on specific areas of the legislation tailored to the interests of individual client groups, including banks, bank holding companies, non-bank financial holding companies, insurance companies, credit card companies, private equity firms, hedge funds and others.
Loeb & Loeb LLP is a multi-service law firm with more than 300 attorneys focusing on select practice areas, rather than endeavoring to be all things to all clients. The firm is recognized as a leading law firm in the areas of advanced media; bankruptcy, restructuring and creditors' rights; business litigation; energy; entertainment; finance; intellectual property; mergers and acquisitions; private equity; real estate; securities; technology; and tax and wealth services. Loeb & Loeb has five domestic offices in Los Angeles, New York, Chicago, Nashville and Washington, DC, as well as a representative office in Beijing serving a rapidly growing number of Asian clients.